Retail
May 24, 2022
Will China's zero-COVID policy endanger luxury expansion efforts? Not in the long-term: most brands should already have contingency strategies in place. Image credit: Dior
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","iv":"77b6b9541e08492e9d2c5207196d3a0b","s":"79aef4f3b2b42534"}
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